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Kayode Oyero
The Central Bank of Nigeria has introduced new charges for customers using the Unstructured Supplementary Service Data services.
The apex bank said effective Tuesday, customers will pay a flat fee of N6.98 per transaction every time they use USSD services.
It said the new charges was part of the agreement reached when banks and telecommunication operators met on Monday to discuss the N42bn debt owed mobile operators by banks.
This was contained in a statement released on Tuesday and jointly signed by the apex bank’s Acting Director, Corporate Communications, Osita Nwanisobi; and Director, Public Affairs, Nigerian Communications Commission, Ikechukwu Adinde.
CBN Announces ₦6 98 Charge For USSD Transactions channelstv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelstv.com Daily Mail and Mail on Sunday newspapers.
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Kayode Oyero
Kayode Oyero
Published 13 March 2021
The Federal Government, on Saturday, asked telecommunication operators to put on hold, their impending suspension of Unstructured Supplementary Service Data services over a N42bn debt owed by banks.
This was contained in a statement signed by Femi Adeluyi, technical Assistant on Information Technology to the Minister of Communications and Digital Economy, Isa Pantami.
The PUNCH had earlier reported that the Association of Licensed Telecommunications Operators of Nigeria said telcos will disconnect Financial Service Providers from USSD services from March 15 until they pay their over N42bn debt.
ALTON had explained that the service withdrawal become necessary due to the lack of agreement on a payment structure with the banks that did not involve the end-user being asked to pay.